Nexa Collect

NOVEMBER 1, 2021

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge.

Debtor 130

Debtor Creditors Government Banks 130

Jimerson Firm

FEBRUARY 10, 2022

Generally, if debtors owe a debt to a lender, and the lender cancels or forgives that debt for less than its full amount, the debtor is treated for income tax purposes as having income and may have to pay tax on this income by virtue of a 1099-C filing from the lender. 1099-C Issuance. 684, 689 (Bankr.W.D.Pa.2009)

Lender 98

Lender Credit Unions Credit Unions Collections 98

Jimerson Firm

FEBRUARY 22, 2024

As such, whether the consumer lawyer intends to pursue the class or not, this is seen as a tactic to increase settlement value for the debtor, even if the settlement is only on an individual basis. These lawsuits are typically based upon an allegedly improper 3-day notice sent to a tenant/debtor. 18), Florida Statutes.

Debtor 59

Debtor Lawyers Consumer Collections Legal Rights 59

Jimerson Firm

DECEMBER 14, 2021

In the event of any inconsistency between any provision of this part and any provision of the federal act, the provision which is more protective of the consumer or debtor shall prevail.” Had actual knowledge that the right did not exist. This part is in addition to the requirements and regulations of the federal act. 559.552, Fla.

Debt collector 105

Debt collector Fair Debt Collection Consumer Collections Legal Rights 105

Jimerson Firm

JANUARY 12, 2024

—In collecting consumer debts, no person shall: (9) Claim, attempt, or threaten to enforce a debt when such person knows that the debt is not legitimate, or assert the existence of some other legal right when such person knows that the right does not exist. In order to establish a violation of Section 559.72(9)

Legal Rights 59

Legal Rights Consumer Collections Collections Banks 59

Consumer Financial Services Law

NOVEMBER 12, 2019

The order stated that “a creditor may have the right to enforce a valid lien such as a mortgage or security interest. Also, a debtor may voluntarily pay any debt that has been discharged.” As such, the mortgage on the surrendered property was discharged. Post-discharge, Nationstar, instead of foreclosing, sent Ms.

Bankruptcy 40

Bankruptcy Creditors Legal Rights Foreclosure 40